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The Organization

ITER Organization

> Director General

> Office of the DG

> Council Secretariat

> LGA Office

> Internal Audit Service

> IO-DA Coordination

> Bureau of Int'l Collab.

Les agences domestiques

Finance and Budget Division (FBD)

Finance and Budget Division

Aires Soares, Head of Division

The Finance and Budget Division is responsible for the ITER Organization's compliance with financial regulations. Main responsibilities include rules and regulations; budget preparation, regulations, submission and implementation; the handling and recording of financial transactions; and the production of the annual ITER Organization Financial Statements (see below).

Specifically, the Division prepares and ensures sound implementation of the annual budgets in coordination with project planning; ensures sound collaboration with internal and external auditors including the Financial Audit Board; controls the administrative and financial management of the ITER Organization's assets and inventory; develops and deals with accounting systems to track commitments and payments for contracts and staff expenditures, agreements and arrangements; handles income and treasury activities; tracks credits for in-kind contributions through seconded staff, Task Agreements and Procurement Arrangements; ensures the respect of internal controls and reliability of financial data; and provides monthly, quarterly and annual financial reporting on the ITER Organization's financial activities.


	ITER Financial Statements, 2011 ITER Financial Statements, 2010 ITER Financial Statements, 2009


	ITER Financial Statements, 2008 ITER Financial Statements, 2007

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